University of Missouri School of Medicine MU Health School of Medicine
News Divider
            


From left: MU researchers Raghuraman Kannan, PhD, and Kattesh Katti, PhD, and Shasun founding director Abhaya Kumar celebrate the creation of their new drug development company with Columbia Chamber of Commerce Ambassadors at the MU Life Science Business Incubator.


MU Scientists Form New Company With International Drug Firm


Pharmaceutical development partnership capitalizes on MU's success in nanomedicine research

University of Missouri leaders celebrated a nanomedicine milestone Dec. 2 as they announced the creation of a new drug development company. The new company forms a partnership between university researchers and an international pharmaceutical firm to advance testing of a potential cancer treatment created at MU.

Shasun Pharmaceuticals Ltd., one of the world's leading suppliers of ibuprofen, formed the new company in partnership with MU nanomedicine experts Kattesh Katti, PhD, and Raghuraman Kannan, PhD. The scientists are developing a promising prostate cancer treatment that uses gold nanoparticles they created at the university. The new company will continue research and testing that is required for the treatment to receive approval for use in humans.

"MU brings many strengths to this new partnership, which will allow us to clinically translate the unique nanotechnology developed by Drs. Katti and Kannan," said Abhaya Kumar, a founding director of Shasun. "Everything we need for developing this product for use in patients is at the University of Missouri."

Katti and Kannan have studied their new therapy for treating late-stage prostate cancer for more than five years. Their efficacy studies in mice with prostate tumors have demonstrated an unprecedented 85 percent reduction in tumor volume after administering a single dose of their radioactive gold nanoparticle. They have observed little or no toxic side effects as a result of the injected dose.

"This is probably the most promising result we could expect," said Andrew Kurtz, PhD, a program manager at the National Cancer Institute's Small Business Innovation Research Development Center. "The next stage would be to hopefully move things into clinical trials to see if we find the same results in humans."

The therapy will advance toward human testing with support from a $1.5 million initial investment by Shasun. The money will help MU hire scientists and conduct further laboratory studies. If the therapy is approved for humans, patients at MU's hospitals and clinics could be among the first to benefit from the cancer treatment.

"In addition to offering hope to patients, the partnership with Shasun reflects MU's commitment to supporting high-tech companies that will create jobs and enhance our quality of life in Missouri and beyond," said Robert Duncan, PhD, vice chancellor for research at MU.

MU business development specialists helped Katti and Kannan form a company, Nanoparticle Biochem Inc. (NBI), to pursue commercialization opportunities for the scientists' nanotechnology discoveries. Shasun joined NBI to form the new company, Shasun NBI, which is housed in MU's Life Science Business Incubator. MU, NBI and Shasun could someday share royalties from the prostate cancer treatment.

"Shasun is a perfect partner to hopefully bring MU's promising new cancer therapy to a world market," said Michael Nichols, PhD, vice president of research and economic development for the University of Missouri System. "Universities like MU need strong commercial collaborators, especially in medicine, because it typically takes hundreds of millions of dollars and more than a decade to take a potential treatment for patients from the laboratory to the clinic."

Prostate cancer is the second most deadly cancer in men. The American Cancer Society estimates that 217,730 people in the United States are diagnosed with prostate cancer each year, and 32,050 U.S. residents die annually from the disease. One in six U.S. men will be diagnosed with prostate cancer in his lifetime.

In 2005, Katti received a prostate cancer research grant that distinguished MU as one of 12 universities to participate in the National Cancer Institute's Nanotechnology Platform Partnership. The grant established MU as a leader in advancing nanomedicine by uniting a variety of biomedical research resources across campus. For example, the MU Research Reactor, the most powerful university reactor in the world, is one of only a few sites able to produce the radioactive gold nanoparticles created by Katti and Kannan.

"MU's proactive support of our research has allowed Dr. Kannan and I to join Shasun in taking this important step toward helping cancer patients," Katti said. "This kind of culture has put MU on the map as a destination for world-class science that attracts international attention and investment."

Katti is a Curators' Distinguished Professor of Radiology and Physics and a Margaret Proctor Mulligan Distinguished Professor in Medical Research. Kannan is the Michael J. and Sharon R. Bukstein Distinguished Faculty Scholar in Cancer Research, assistant professor of radiology and director of the Nanoparticle Production Core Facility at the University of Missouri.

Shasun was incorporated in 1976 and is headquartered in Chennai, India. It manufactures active pharmaceutical ingredients and exports pharmaceutical products to countries across Europe, North America and elsewhere. More information about the company is available at http://www.shasun.com/.

You do not have Flash installed on this computer. Please click here to download the latest version.




MU Health Magazine

Divider

News and Events

Altes named Radiology Chair Altes Named MU Radiology Chair
Altes excels in bench to bedside research, teaching and mentoring students, and clinical care

Protein Packed Breakfast Protein-Packed Breakfast Prevents Body Fat Gain in Overweight Teens
High-protein breakfast also improves teens’ glycemic control

White Coat Ceremony 2015 White Coat Ceremony Marks Start of Professional Journey for 104 Students
Students receive 'cloak of compassion' and pledge to uphold medicine's highest values

Eduardo Simoes, MD Tool Helps Public Health Agencies Prioritize Health Risks
Researcher works with Brazil to identify top risks for chronic diseases

Washington and Khosla U.S. South Asians More Reluctant to Seek Medication for Pain
Health care workers should be culturally aware when caring for patients, families

Segal Blood Vessels Can Actually Get Better With Age
Study finds that arteries adapt to oxidative stress caused by aging

Koopman Professor Awarded $2.2 Million Grant for Clear Blood Pressure Display
Goal is user-friendly information for better patient understanding

Scallan Impact of Type 2 Diabetes on Lymphatic Vessels Identified
Amino acid found in red meat, poultry may improve lymphatic function in diabetes

Springfield MU, CoxHealth, Mercy Address Critical Shortage of Physicians
Construction starts on new $42.5 million Patient-Centered Care Learning Center

Parrish Age-related self-destruction of cells makes kidney prone to injury
Researchers identify how the kidney cells’ self-destruct messages are spread

Staveley-O'Carroll Staveley-O’Carroll Named Surgery Chair, Cancer Center Director
Staveley-O’Carroll is accomplished physician-scientist

Mini Med High School Students get Hands-On Medical School Experience
MU School of Medicine hosts High School Mini Medical School




Media Relations
University of Missouri Health System
One Hospital Drive, DC028.00
Columbia, MO 65212
24/7 on-call pager: (573) 876-0708

Mary Jenkins
jenkinsmg@health.missouri.edu
(573) 882-7299

Jeff Hoelscher
hoelscherj@health.missouri.edu
(573) 884-1608

Derek Thompson
thompsonder@health.missouri.edu
(573) 882-3323

Diamond Dixon
DixonDi@health.missouri.edu
(573) 884-7541

Justin Kelley (Photographer)
kelleyju@health.missouri.edu
(573) 882-5786
Pager (573) 397-9289


Web Communications
University of Missouri Health System
One Hospital Drive, MA204G, DC018.00
Columbia, MO 65212
(573) 884-0298

Rich Gleba
glebar@health.missouri.edu
(573) 884-0298

Laura Gerding, APR
gerdingla@health.missouri.edu
(573) 882-9193

Velvet Hasner
hasnerv@health.missouri.edu
(573) 884-1115

Justin Willett
willettj@health.missouri.edu
(573) 884-7740



Printer Friendly
Follow us on Twitter!   Facebook   YouTube Videos   Instagram   Pinterest  
Website created and maintained by the Office of Communications. Contact the MU School of Medicine.
Revised: April 27, 2013 - Copyright © 2014 - Curators of the University of Missouri. All rights reserved. DMCA and other copyright information. An equal opportunity/access/affirmative action/pro-disabled and veteran employer.